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World Bank : Vice President Welcomes Uzbekistan's Commitment to Continue Market Reforms Despite Challenges of COVID-19 Pandemic


World Bank : Vice President Welcomes Uzbekistan s Commitment to Continue Market Reforms Despite Challenges of COVID-19 Pandemic
05/19/2021 | 03:56pm EDT
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TASHKENT, May 18, 2021 - Anna Bjerde, World Bank Vice President for Europe and Central Asia, paid her first official visit to Uzbekistan on May 14-18. Ms. Bjerde met with the President of Uzbekistan, Shavkat Mirziyoyev, senior government and parliamentary officials, representatives of civil society and the private sector, and international development partners.
The World Bank welcomes the Government s plans to continue a transparent and inclusive market transition and implement difficult but much-needed market reforms, despite the COVID-19 crisis. We will further support the reform agenda through our new Country Partnership Framework. Itwill define priority areas for the Bank s financing and advisory services from 2022 to 2026 and will be aligned with Uzbek ....

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Covid-19: More than 40,000 catering jobs lost in 2020


Covid-19: More than 40,000 catering jobs lost in 2020
Al fresco dining in canton Geneva on April 24 Keystone / Salvatore Di Nolfi
More than 40,000 people in the Swiss hospitality and catering industry lost their jobs last year owing to closures triggered by the Covid-19 pandemic. Restaurants that rely on business tourism were hit particularly hard.
This content was published on May 14, 2021 - 10:37
May 14, 2021 - 10:37
Keystone-SDA/ts
What’s more, the Swiss State Secretariat for Economic Affairs (SECO) had not included the effects of the second lockdown in its figures, said Casimir Platzer, president of the umbrella organisation Gastrosuisse, on Friday.
Since SECO’s calculation, at least 10,000 more jobs have probably been lost, he added. ....

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IFC, Ghana's Securities and Exchange Commission partner to develop green bonds market


IFC and Ghana s Securities and Exchange Commission (SEC), announced a partnership to facilitate investments in projects that address climate and environmental issues through green bonds. Under the agreement, IFC, a member of the World Bank Group, will help the SEC develop guidelines for issuers and investors for green bonds in Ghana.
The introduction of green bonds will give investors opportunities to finance green buildings, clean transportation, renewable energy, sustainable water management, and other climate-friendly projects. Green bonds will support Ghana s transition to a lower-carbon future as specified in the country s agreed contributions under the Paris Agreement.
IFC s Green Bond Program, launched in 2010, has helped catalyze the market and unlock investment for private sector projects that support renewable energy and energy efficiency. IFC has issued roughly 170 green bonds in 20 currencies amounting to over $10 billion. ....

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African Governments Urged To Provide Enabling Policy For Cashew


 
The African Cashew Alliance (ACA) has called on African governments to provide an enabling policy environment conducive for business to help position African cashew producers among the leaders in cashew production in the world.
This, ACA believes, is critical to help African countries involved in the cashew industry, fully take advantage of the booming market for cashew in Europe and the USA.
The Managing Director of ACA, Mr Ernest Mintah, while acknowledging the development in Ghana’s cashew sector with the inauguration of the Tree Crop Development Authority (TCDA), said it was not enough as an unwavering support was needed to make it become operational and to be able to fulfil its obligations. ....

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